Last General Motors car built in Australia auctioned for $575,000

The last car built for sale by General Motors in Australia has been auctioned for $575,000 by Lloyds Auctioneers, which was ten times higher than its list price.

The 2017 Holden Commodore VF Series II SSV Redline sports sedan is the same as the Chevrolet SS that was previously offered in the U.S. and costs around $45,000 when new. The performance model is functioned by a 415 hp version of GM’s venerable 6.2-liter V6.

General Motors discontinued its Holden brand and closed the production of new cars in Australia in 2017 after 69 years, after similar moves by Ford and Toyota, which left the nation without any domestic automotive manufacturing.

The car was bought by a former Holden employee, according to The Guardian, and has only 102 km on the odometer.

But while it was the last car through the paint shop and provided a serial number for sale, it wasn’t technically the last car off the line at the Adelaide factory.

That was an identical car built particularly for the occasion and kept by General Motors that is presently on display at the nearby National Motor Museum.